Security of benefits, which means a fund is established to
guarantee funds exist to pay benefits.
Not exact matches
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to
fund our operations, and to generate the necessary amount of cash to service our
existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our
existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment
guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
With rates of government grant
funding in academia currently lower than 10 percent, no
guarantees exist anymore in the academic world.
The influx of the Common Core, coupled with the
existing lack of K - 12
funding, virtually
guarantees that E-Rate
funding will be used to get ready for testing and acts as a funnel to service providers; this in turn does nothing to help students directly.
But I think we all know the arguments & opposition to EU
funding and
guarantees: The legal status & regimes of
existing debt, the dilution of sovereignty, the moral hazard, etc... I believe there's a proposal that represents a happy medium:
Bank regulations
exist to make the keeping of the promises more certain (or, in modern times, keep the
guarantee funds solvent).
Municipalities can stimulate (e.g. by creating a
guarantee fund)
existing credit institutions to establish special credit schemes for urban producers or to allow the participation of urban producers in
existing credit schemes for the informal sector.
In practice, the form of security for costs is usually a cash payment into the Court
Funds Office or a bank
guarantee in an amount determined by the court, or Deed of Indemnity (typically provided where an
existing ATE policy is in place).
Guarantee a minimum of 12 months secure
funding for
existing organisations, while a new
funding round is undertaken.
However smaller entities may be at a disadvantage in performing the complex functions of
existing land councils unless they are
guaranteed to receive sufficient
funding to enable them to provide a comprehensive service to relevant traditional owner groups.